- Bank of Baroda reported a 28.4% increase in net profit for Q2 FY24, with a total income from operations rising by 39%.
- The bank’s net interest income grew by 6.5% YoY, and its gross non-performing assets ratio improved to 3.32%.
- The bank’s digital lending business head, Akhil Handa, resigned following RBI’s order to halt onboarding new customers on its ‘bob World’ app.
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